An Aramco oil depot was engulfed in flames after a missile attack claimed by Yemen’s Houthis. The strike came on the eve of the F1 Grand Prix of Saudi Arabia at the Jeddah Corniche Circuit. Peter J Fox | Getty Images When a missile flew into an oil depot close to the track hosting the […]
Business
Saudi energy minister says OPEC will leave politics out of oil decisionsSaudi Energy Minister, Prince Abdulaziz bin Salman bin Abdulaziz Al Saud speaks during the UN Climate Change Conference (COP26), in Glasgow, Scotland, Britain, November 10, 2021. yves herman | Reuters Saudi Arabia’s energy minister said Tuesday that OPEC+ will keep politics out of its decision-making in favor of the “common good” of stabilizing energy prices. […]
Business
Dairy Queen launches Stackburger line as chain sees record sales in 2021Dairy Queen’s Flamethrower Stackburger and small ice cream cone Source: Dairy Queen Dairy Queen is expanding its burger offerings as the fast-food chain looks beyond Blizzards and other desserts. The new Stackburger line is Dairy Queen’s biggest menu expansion in two decades, with five burger flavors for US customers: Flamethrower, Loaded A1, Bacon Two Cheese […]
Business
Asia-Pacific markets up as investors watch oil prices, yen weaknessSINGAPORE — Stocks across Asia-Pacific rose, following a tumble in oil prices overnight. Bitcoin meanwhile surged past a key level, and the yen continued to weaken. Hong Kong’s Hang Seng index jumped 0.45%, as casino and tech stocks rose. Among the biggest gainers was JD Health, which soared nearly 16%, after it said Monday it […]
Business
SEC charges Twilio engineers with insider tradingThe Securities and Exchange Commission on Monday charged three software engineers at cloud software vendor Twilio and several of their friends and family members with involvement in an insider trading scheme. Between March and May 2020, as cloud tools were gaining use due to the surge in remote work, Twilio engineers Lokesh Lagudu, Chotu Pulagam […]
Business
Bond market is flashing a warning sign that a recession may be comingDavid Dee Delgado | Getty Images News | Getty Images The bond market is flashing a warning sign for the US economy. That harbinger is called an “inverted yield curve.” These inversions in the bond market have been reliable predictors of past recessions. Part of the yield curve inverted on Monday. An economic downturn isn’t […]
Sports
NFL coaches are divided over whether to change overtime rulesKansas City Chiefs football team head coach Andy Reid speaks to journalists at a coaches press availability during the NFL owner’s meeting, Monday, March 28, 2022, at The Breakers resort in Palm Beach, Fla. Rebecca Blackwell | PA PALM BEACH, Fla. – Baltimore Ravens head coach John Harbaugh wants no part of a new overtime […]
Business
Bitcoin surges above $47,000, turns positive for 2022A digital screen displays the prices of cryptocurrencies to US dollar in Hong Kong, China, on Friday, March 25, 2022. Paul Yeung | Bloomberg | Getty Images The price of bitcoin jumped Monday following a slew of bullish developments for the cryptocurrency, even as investors continue to monitor developments in the war in Ukraine and […]
Movies
Ceremony bungled even before Will Smith slapped Chris RockWill Smith slaps actor Chris Rock onstage during the 94th Oscars at the Dolby Theater in Hollywood, California on March 27, 2022. Robyn Beck | dpa | Getty Images Sunday’s 94th Academy Award ceremony was already a ham-handed attempt at boosting ratings even before the soon-to-be Oscar-winning actor Will Smith slapped Chris Rock on stage. […]
Business
Russia will ‘always’ be a part of OPEC+, UAE energy minister saysThe United Arab Emirates’ energy and infrastructure minister has insisted that Russia will always be a part of OPEC+ even as governments across the globe shun the oil exporter over its war in Ukraine. Speaking to CNBC on Monday, Suhail Al Mazrouei, a former president of the oil alliance, said no other country could match […]
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